CMA part 1

Description

N/A

Course Benefits

Here's a list of what you should expect from our course:.

To establish management accounting as a recognized profession by identifying the role of the management accountant and financial manager, the underlying body of knowledge, and a course of study by which such knowledge is acquired
To encourage higher educational standards in the management accounting field
To establish an objective measure of an individual’s knowledge and competence in the field of management accounting
To encourage continued professional development by management accountants

Performance Management – 20%
ctors to be analyzed for control and performance evaluation including revenues, costs, profits, and investment in assets; variance analysis based on flexible budgets and standard costs; responsibility accounting for revenue, cost, contribution and profit centers; and balanced scorecard.

Internal Controls – 15%
Risk assessment; internal control environment, procedures, and standards; responsibility and authority for internal auditing; types of audits; and assessing the adequacy of the accounting information system controls.